Dragoneer Investment Group acquired a 35% stake in AmWINS Group.

Dragoneer Investment Group acquired a 35% stake in AmWINS Group, a leading specialty insurance broker, from New Mountain Capital. The transaction values AmWINS at approximately $2.6bn. “With this transaction, we have achieved yet another phase in building a long-term capital base,” said M. Steven DeCarlo, CEO of AmWINS. “Dragoneer’s investment philosophy, deep expertise in the technology industry, and global investment experience, combined with our employee ownership, positions us to be able to focus on our clients and enhances our ability to execute on our 150-year strategic vision. We also want to thank New Mountain for being a great partner over the past four years.”